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Wednesday, May 31, 2017

From the Editor's DeskComScore data suggests that half of U.S. smartphone users download zero apps each month. If you can get users to hit download, only 36 percent of apps are retained after one month and only 11 percent for a year. Even worse, the average app loses 77 percent of its daily mobile users (DAU) within the first three days, and 95 percent of apps aren't used regularly after 90 days. Engagement is key! So, are apps dead? No, but if you are building a digital business the numbers show that a maniacal focus on apps to the exclusion of other channels is increasingly dangerous. More here

Jammu to be hub for export of quality basmati rice: SKUAST-JExperts on Tuesday said that Jammu will become a hub for export of quality basmati rice in India.This was said during a one-day workshop on ‘Quality improvement in production of Basmati rice for export’ at Chatha, wherein about 225 farmers from Basmati rice growing region of Jammu, Samba and Kathua districts participated and was attended by the national and state level experts of Basmati rice.According to a statement, the workshop was organized by Sher-e-Kashmir University of Agricul

Build Business on No-Discount ModelIndian Hospitality Sector News - , F&B-Gourmet Asian food is neither affordable nor readily available for the common masses. 48East delivers fine Asian gourmet food at your doorstep to bring awareness about the diversity of Asian food and offer eclectic Asian cuisine at an affordable price on demand.

Tuesday, May 30, 2017

From the Editor's DeskThe general consensus is that in the past, technology has created more jobs than it has destroyed. As manufacturing and other 'core' jobs got automated, goods got cheaper and it increased people's purchasing power. As these people aspired for better healthcare, communication, entertainment, financial management and other services, new service jobs got created. With AI (artificial intelligence), the difference often quoted today is that there will be very few tasks for which humans are better suited than machines. This will lead to widespread unemployment. Or so goes the theory! However, consider this! AI will make people more productive (increased efficiency is more likely than complete replacement). While this will cause some amount of job loss, increased productivity will make goods AND services cheaper, thus creating more demand, leading to more jobs. With the help of our AI capabilities, entirely new categories of jobs might emerge.

Why blockchain is like a kitty partyBlockchain runs on the concept of distributed trust—much like how the lucky draw in a kitty party works: no fraud can be committed unless the entire group is involved

Walmart celebrates 8 years in IndiaIn order to celebrate the successful completion of eight years of starting store operations in India, Walmart India, the wholly owned subsidiary of Walmart Stores Inc., has launched ‘anniversary celebrations’ with excitement and buzz across all its Best Price Modern Wholesale Stores with `anniversary’ event till June 30.

Monsoon forecast buoys equity markets; FMCG stocks rise ...Mumbai, May 29 (IANS) Despite massive volatility, the Indian equity markets on Monday closed on a flat-to-positive note after scaling fresh highs on the back of the government's announcement of the timely arrival of the southwest monsoon rains.

Flipkart appoints former biz development head as CEO of after-sales service armHomegrown e-commerce major Flipkart has appointed former business development head Abhijit Upadhye as CEO of Jeeves Consumer Services Pvt. Ltd, its subsidiary that provides after-sales service for home appliances and electronics. Upadhye, who had joined Flipkart in April 2016 as vice president - business development, was earlier driving growth at its logistics arm eKart, his…